ArcelorMittal SA ADR (MT) - Net Assets
Based on the latest financial reports, ArcelorMittal SA ADR (MT) has net assets worth $56.54 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($97.70 Billion) and total liabilities ($41.17 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore ArcelorMittal SA ADR (MT) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $56.54 Billion |
| % of Total Assets | 57.87% |
| Annual Growth Rate | 11.1% |
| 5-Year Change | 10.11% |
| 10-Year Change | 74.9% |
| Growth Volatility | 927.3 |
ArcelorMittal SA ADR - Net Assets Trend (1997–2025)
This chart illustrates how ArcelorMittal SA ADR's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see ArcelorMittal SA ADR (MT) market capitalisation.
Annual Net Assets for ArcelorMittal SA ADR (1997–2025)
The table below shows the annual net assets of ArcelorMittal SA ADR from 1997 to 2025. Explore MT cash flow metrics to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $56.54 Billion | +10.24% |
| 2024-12-31 | $51.29 Billion | -8.53% |
| 2023-12-31 | $56.07 Billion | +0.86% |
| 2022-12-31 | $55.59 Billion | +8.27% |
| 2021-12-31 | $51.34 Billion | +30.32% |
| 2020-12-31 | $39.40 Billion | -2.68% |
| 2019-12-31 | $40.48 Billion | -8.22% |
| 2018-12-31 | $44.11 Billion | +7.96% |
| 2017-12-31 | $40.85 Billion | +26.39% |
| 2016-12-31 | $32.33 Billion | +17.25% |
| 2015-12-31 | $27.57 Billion | -38.95% |
| 2014-12-31 | $45.16 Billion | -15.07% |
| 2013-12-31 | $53.17 Billion | -3.67% |
| 2012-12-31 | $55.20 Billion | -8.73% |
| 2011-12-31 | $60.48 Billion | -8.51% |
| 2010-12-31 | $66.10 Billion | +1.07% |
| 2009-12-31 | $65.40 Billion | +10.41% |
| 2008-12-31 | $59.23 Billion | -3.75% |
| 2007-12-31 | $61.53 Billion | +22.60% |
| 2006-12-31 | $50.19 Billion | +318.82% |
| 2005-12-31 | $11.98 Billion | +57.91% |
| 2004-12-31 | $7.59 Billion | +4993.29% |
| 2003-12-31 | $149.00 Million | +16.41% |
| 2002-12-31 | $128.00 Million | -62.13% |
| 2001-12-31 | $338.00 Million | -61.76% |
| 2000-12-31 | $884.00 Million | +3.51% |
| 1999-12-31 | $854.00 Million | +6.62% |
| 1998-12-31 | $801.00 Million | -73.03% |
| 1997-12-31 | $2.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ArcelorMittal SA ADR's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $54.47 Billion | 100.00% |
| Total Equity | $54.47 Billion | 100.00% |
ArcelorMittal SA ADR Competitors by Market Cap
The table below lists competitors of ArcelorMittal SA ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cardinal Health Inc
NYSE:CAH
|
$45.39 Billion |
|
Occidental Petroleum Corporation
NYSE:OXY
|
$45.39 Billion |
|
BASF SE
XETRA:BAS
|
$45.45 Billion |
|
KBC GROEP N.V. ADR
F:KDB0
|
$45.62 Billion |
|
Shanghai Pudong Development Bank Co Ltd
SHG:600000
|
$45.18 Billion |
|
Itaú Unibanco Holding S.A
F:BVXB
|
$45.17 Billion |
|
Woodside Energy Group Ltd
AU:WDS
|
$45.13 Billion |
|
Ciena Corp
NYSE:CIEN
|
$45.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ArcelorMittal SA ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 49,223,000,000 to 54,466,000,000, a change of 5,243,000,000 (10.7%).
- Net income of 3,152,000,000 contributed positively to equity growth.
- Dividend payments of 421,000,000 reduced retained earnings.
- Share repurchases of 262,000,000 reduced equity.
- Other comprehensive income increased equity by 23,407,000,000.
- Other factors decreased equity by 20,633,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.15 Billion | +5.79% |
| Dividends Paid | $421.00 Million | -0.77% |
| Share Repurchases | $262.00 Million | -0.48% |
| Other Comprehensive Income | $23.41 Billion | +42.98% |
| Other Changes | $-20.63 Billion | -37.88% |
| Total Change | $- | 10.65% |
Book Value vs Market Value Analysis
This analysis compares ArcelorMittal SA ADR's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.98x to 0.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $60.59 | $59.54 | x |
| 1998-12-31 | $15.40 | $59.54 | x |
| 1999-12-31 | $16.96 | $59.54 | x |
| 2000-12-31 | $17.56 | $59.54 | x |
| 2001-12-31 | $6.66 | $59.54 | x |
| 2002-12-31 | $2.48 | $59.54 | x |
| 2003-12-31 | $2.92 | $59.54 | x |
| 2004-12-31 | $118.09 | $59.54 | x |
| 2005-12-31 | $35.11 | $59.54 | x |
| 2006-12-31 | $101.53 | $59.54 | x |
| 2007-12-31 | $96.44 | $59.54 | x |
| 2008-12-31 | $94.93 | $59.54 | x |
| 2009-12-31 | $100.62 | $59.54 | x |
| 2010-12-31 | $93.00 | $59.54 | x |
| 2011-12-31 | $83.87 | $59.54 | x |
| 2012-12-31 | $79.59 | $59.54 | x |
| 2013-12-31 | $66.68 | $59.54 | x |
| 2014-12-31 | $54.61 | $59.54 | x |
| 2015-12-31 | $32.74 | $59.54 | x |
| 2016-12-31 | $31.55 | $59.54 | x |
| 2017-12-31 | $37.88 | $59.54 | x |
| 2018-12-31 | $41.22 | $59.54 | x |
| 2019-12-31 | $38.03 | $59.54 | x |
| 2020-12-31 | $32.84 | $59.54 | x |
| 2021-12-31 | $44.32 | $59.54 | x |
| 2022-12-31 | $58.15 | $59.54 | x |
| 2023-12-31 | $63.86 | $59.54 | x |
| 2024-12-31 | $62.23 | $59.54 | x |
| 2025-12-31 | $71.10 | $59.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ArcelorMittal SA ADR utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.14%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.79x
- Recent ROE (5.79%) is below the historical average (8.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 9.73% | 13.20% | 0.42x | 1.76x | $-8.00 Million |
| 1998 | 29.59% | 6.79% | 0.59x | 7.40x | $156.90 Million |
| 1999 | 9.95% | 1.82% | 0.78x | 6.99x | $-400.00K |
| 2000 | 11.20% | 1.94% | 0.85x | 6.76x | $10.60 Million |
| 2001 | -92.31% | -6.95% | 0.84x | 15.72x | $-345.80 Million |
| 2002 | 38.28% | 1.00% | 0.89x | 43.06x | $36.20 Million |
| 2003 | 44.30% | 1.21% | 0.97x | 37.82x | $51.10 Million |
| 2004 | 80.41% | 21.18% | 1.16x | 3.28x | $4.12 Billion |
| 2005 | 33.15% | 11.96% | 0.91x | 3.06x | $2.35 Billion |
| 2006 | 12.41% | 8.88% | 0.52x | 2.66x | $1.01 Billion |
| 2007 | 18.29% | 9.85% | 0.79x | 2.36x | $4.70 Billion |
| 2008 | 17.03% | 7.52% | 0.94x | 2.41x | $3.88 Billion |
| 2009 | 0.19% | 0.18% | 0.51x | 2.09x | $-5.99 Billion |
| 2010 | 4.67% | 3.74% | 0.60x | 2.10x | $-3.33 Billion |
| 2011 | 3.99% | 2.41% | 0.77x | 2.15x | $-3.41 Billion |
| 2012 | -7.20% | -4.42% | 0.74x | 2.22x | $-8.90 Billion |
| 2013 | -5.11% | -3.20% | 0.71x | 2.26x | $-7.52 Billion |
| 2014 | -2.58% | -1.37% | 0.80x | 2.36x | $-5.29 Billion |
| 2015 | -31.44% | -12.50% | 0.83x | 3.04x | $-10.47 Billion |
| 2016 | 5.90% | 3.13% | 0.76x | 2.49x | $-1.23 Billion |
| 2017 | 11.78% | 6.65% | 0.81x | 2.20x | $689.10 Million |
| 2018 | 12.23% | 6.77% | 0.83x | 2.17x | $940.40 Million |
| 2019 | -6.37% | -3.48% | 0.80x | 2.28x | $-6.31 Billion |
| 2020 | -1.96% | -1.38% | 0.65x | 2.19x | $-4.48 Billion |
| 2021 | 30.46% | 19.53% | 0.85x | 1.84x | $10.05 Billion |
| 2022 | 17.50% | 11.65% | 0.84x | 1.78x | $3.99 Billion |
| 2023 | 1.70% | 1.35% | 0.73x | 1.74x | $-4.48 Billion |
| 2024 | 2.72% | 2.14% | 0.70x | 1.82x | $-3.58 Billion |
| 2025 | 5.79% | 5.14% | 0.63x | 1.79x | $-2.29 Billion |
Industry Comparison
This section compares ArcelorMittal SA ADR's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $6,012,392,838
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ArcelorMittal SA ADR (MT) | $56.54 Billion | 9.73% | 0.73x | $45.32 Billion |
| Cleveland-Cliffs Inc (CLF) | $407.40 Million | 13.48% | 0.70x | $5.82 Billion |
| Commercial Metals Company (CMC) | $1.25 Billion | -16.38% | 1.96x | $7.65 Billion |
| Friedman Industries Inc. Common Stock (FRD) | $79.69 Million | 17.65% | 1.00x | $137.98 Million |
| Friedman Industries Inc. Common Stock (FRD) | $33.50 Million | 5.67% | 0.15x | $138.83 Million |
| Gerdau SA ADR (GGB) | $58.17 Billion | 7.85% | 0.49x | $5.42 Billion |
| Hongli Group Inc. Ordinary Shares (HLP) | $53.49 Million | -3.52% | 0.22x | $56.55 Million |
| Huadi International Group Co Ltd (HUDI) | $74.68 Million | 4.36% | 0.38x | $17.02 Million |
| Inno Holdings Inc. Common Stock (INHD) | $1.05 Million | -95.64% | 2.46x | $726.90K |
| FST Corp. Ordinary Shares (KBSX) | $32.42 Million | 28.92% | 0.85x | $51.70 Million |
| Luda Technology Group Limited (LUD) | $14.53 Million | 21.11% | 1.73x | $140.68 Million |
About ArcelorMittal SA ADR
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long p… Read more